Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Missouri Countryside Ranch and Farm Title is generated by Realmo AI

    267 Cedar Ford Road, Steelville, MO 65565

    View on Map
    Claim this Listing
    For Sale
    $699,000

    Ranch, Farm - Steelville, MO

    Type:Farm
    Property size:
    864 SF
    Lot size:
    104.40 Acres
    Price / SF:
    $809/SF
    Added:
    Apr 17, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 4 at 7:06 pm

    Property Features for 267 Cedar Ford Road

    General Information

    Property type
    Farm
    Property subtype
    Farm
    Bedrooms
    2
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Parking features
    Garage, Garage - Attached
    Interior features
    Kitchen/Dining Room Combo, Workshop/Hobby Area
    Exterior features
    Views, Fencing
    Fencing
    Fenced
    Fireplace
    1
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer, Washer/Dryer Combo
    Standard status
    Active
    APN
    13-8.0-28-0-00-001.000
    Size
    864 SF
    Lot size
    104.40 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    1200

    Utilities

    Heating system
    Electric (Heating), Fireplace(s)
    Cooling system
    Central Air
    Water front features
    Creek

    Building Details

    Year built
    1973
    Flooring type
    Carpet, Vinyl
    Building materials
    Frame
    Roof type
    Shingle
    Architectural style
    Ranch

    We can help!

    Listing Contact
    Kelly Johnston
    Kelly Johnston

    Listing agent Kelly Johnston License #2013027356

    Listing office Whitaker Marketing Group 101 US Hwy 69, Ames, MO

    Listing date Apr 17, 2026

    MLS# 26023287 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 104 acres of land featuring pasture, woods, and abundant water sources including a creek, ponds, and springs.
    • Ideal for livestock: approximately 25 acres of cross‑fenced pasture, hay barn (2,320 sq ft) and lean‑to shed (576 sq ft).
    • Excellent hunting and wildlife observation with habitat for whitetail deer and turkey.
    • Scenic views from the home overlooking rolling pasture and creek.
    • Close to the Meramec River and Meramec Spring Trout Fishery.
    • Large master bedroom with potential to convert back to a 3‑bedroom home.

    Overview

    This 104± acre property in Missouri offers a blend of pasture, water sources, and wildlife habitat. Approximately 25 acres of open pasture are cross-fenced, suitable for livestock. The remaining acreage consists of woods, creating a habitat for whitetail deer and turkey. Water is abundant, with a year-round creek, four ponds, and several natural springs. The home overlooks rolling pasture and the creek below. The current layout includes a large master bedroom that was originally two rooms and could be converted back to create a 3-bedroom home. The lower level features a stone gas fireplace. Additional improvements include a 2,320 sq ft hay barn and a 576 sq ft lean-to shed, making it well-suited for farming or recreational use. The property is located minutes from the Meramec River and close to Meramec Spring Trout Fishery, approximately 1 hour 20 minutes from St. Louis.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Hotel & Motel Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Steelville
    County
    Iron
    State
    Missouri
    Longitude
    -91.481804
    Latitude
    37.906927

    Nearby Similar for Sale

    • $685,000
      2,040 SF

      Turnkey Restaurant Business Opportunity

      Successful restaurant and property for sale in Steelville, Missouri.
      504 W Main Street, Steelville, MO 65565
      View Details
    • $960,000
      2,062 SF

      Crawford County Ranch with Lake

      132-acre ranch featuring a stocked lake and barndominium.
      31 Sunset Lane, Steelville, MO 65565
      View Details
    • $675,000
      3,658 SF

      Unique Rural Property with Income Potential

      Versatile 40-acre property with main home, cabin, and workshop.
      98 Turkey Ridge Lane, Steelville, MO 65565
      View Details
    • $80,000

      Storefront in Historic Steelville

      Storefront in growing downtown Steelville, supported and community-driven.
      305 Pine Street, Steelville, MO 65565
      View Details
    • $382,000
      2,304 SF

      Remodeled Apartment Buildings in Steelville

      Turn-key apartments with property management in place. Seven units total.
      302 N Spring St, Steelville, MO 65565
      View Details
    • $250,000

      Crawford County Retreat Bordering Forest

      48.5 acre Steelville, MO retreat bordering Mark Twain Forest.
      600 Highway Y, Steelville, MO 65565
      View Details
    • $250,000
      3,600 SF

      Established Tire Shop Business Opportunity

      Turnkey tire shop business for sale in Steelville, Missouri.
      77 Mo-8 E, Steelville, MO 65565
      View Details
    • $685,000

      Dairy Isle & Grill Landmark

      Turnkey restaurant with strong sales and community roots.
      502w Main Street, Steelville, MO 65565
      View Details
    • $699,000
      864 SF

      Missouri Countryside Farm with Acreage

      104-acre Missouri farm with pasture, water, and abundant wildlife.
      267 Cedar Ford Road, Steelville, MO 65565
      View Details
    • $685,000
      2,040 SF

      Turnkey Restaurant Business and Building

      Successful restaurant with property, equipment, and business for sale.
      504 W Main Street, Steelville, MO 65565
      View Details

    FAQs

    What type of property is this?
    Farm - 104-acre farm with pasture, water, and abundant wildlife.
    Where is this farm located?
    The property is located at 267 Cedar Ford Road Steelville, MO.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 104 acres of land featuring pasture, woods, and abundant water sources including a creek, ponds, and springs.; Ideal for livestock: approximately 25 acres of cross‑fenced pasture, hay barn (2,320 sq ft) and lean‑to shed (576 sq ft).; Excellent hunting and wildlife observation with habitat for whitetail deer and turkey.
    (314) 412-2288
    We can help!
    Listing Contact
    Kelly Johnston
    Kelly Johnston
    Real Estate License ID: 2013027356
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    267 Cedar Ford Road, Steelville, MO 65565
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!